Hyderabad’s Enforcement Directorate has imposed a Rs 2,146 crore penalty on PC Financial Services for Fema violations linked to Chinese and Norwegian entities. The NBFC ran a loan app called ‘CashBean’. The investigation revealed fraudulent remittances and usurious interest rates, leading to the cancellation of its registration by the RBI and property seizures worth...
Read MorePM Modi and newly appointed Japanese counterpart Shigeru Ishiba reaffirmed their commitment to strengthen India-Japan strategic partnership through enhanced trade, defense, and cultural cooperation at the Asean-India Summit. They emphasized their indispensable partnership for a peaceful Indo-Pacific region.
Read MoreUttarakhand’s government has launched a Rs 3.6 crore project to revive Jadung, an abandoned village in Uttarkashi. The initiative promotes astro-tourism, trekking, and homestays to boost local tourism. Developments include viewing points at Hawabend and Sri Kantha, costing Rs 1.4 crore and Rs 1.5 crore respectively, and transforming six houses using vernacular architecture.
Read MoreIndia and ASEAN emphasize mutual respect for sovereignty and territorial integrity amid maritime disputes, with PM Modi proposing initiatives for enhanced connectivity. Leaders highlight the role of Unclos and call for a substantive South China Sea Code of Conduct to ensure regional peace and stability.
Read More‘Vettaiyan’, starring Rajinikanth, hit theaters on Oct 10 with a strong box office performance, grossing around Rs 70 crore worldwide on opening day despite being a weekday release. Although it didn’t surpass Vijay’s ‘GOAT’, it remains the second-best Tamil film opening of 2024. With solid advance sales, the film is set for a profitable...
Read MoreThe Uttar Pradesh government has granted ‘Industry’ status to the IT and ITES sectors, enabling them to purchase land at industrial rates and benefit from lower power tariffs. This move aims to attract major global tech companies and bolster UP’s position as a leading IT hub in North India.
Read MoreThe Indian Medical Association has urged West Bengal CM Mamata Banerjee to address the concerns of junior doctors on a hunger strike in Kolkata, stating that a safe work environment is essential. Protesting against the alleged rape and murder of a colleague, doctors seek justice and better facilities. The IMA supports their ‘just demands.’
Read MoreIndia secured an 86-run win over Bangladesh in the second T20I, driven by stellar performances from the middle order. Nitish Reddy’s all-round brilliance and Rinku Singh’s crucial support led the team from 41/3 to a strong position. Captain Suryakumar Yadav praised the team’s resilience. With the series now in hand, India will be eyeing...
Read MoreInfosys has changed its hiring process, requiring new recruits to access job details via the company’s internal system rather than through email offers.
Read MoreTesla revealed its Cybercab robotaxi, featuring no steering wheels or pedals, at the “We, Robot” event in California. Elon Musk emphasized that Tesla should be viewed as an AI robotics company. Initially expected in 2020, the robotaxi’s debut comes as Tesla shifts focus from affordable electric vehicles amid slowing demand.
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